UK brewer and pub group Fuller, Smith & Turner has secured a GBP100m (US$149m) bank facility to run until May 2015.
The deal provides GBP18m more funding than the London Pride brewer’s current bank facility, which was due to expire in November.
“The [new] facility is on highly competitive terms and also allows the Group to arrange further funding for any suitable acquisitions,” said Fuller’s today (11 May).
The group will report full-year results on 11 June. In February, it said that a strong Christmas trading period would help the firm to beat expectations for the year.
Subscribe to Just Drinks for just £1 for 1 month
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the drinks industry’s trajectory and the priorities shaping the profession.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataWhat’s included in your subscription:
- Personalized Access: Secure login to Just Drinks
- Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
- Case Studies & Deep Dives: Real-world applications and in-depth analyses.
- Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.
Ready to stay informed?
Subscribe to unlock exclusive content.
Already a subscriber? Sign in to access your account.
Pleasecomplete this form to request more information, and a representative will be in touch shortly.
